Prestigious Honor Underscores Company’s Expertise in Providing Independent Evaluated Pricing for Municipal Bonds
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Yingchen Li, director of Municipal Evaluations, has been named to SMITH’s Research & Gradings 2010 Municipal All-Star Team.
Li, a member of Interactive Data’s Evaluated Services team, was named to SMITH’s second team in the municipal derivatives category and was honored recently at a ceremony in New York. He has more than 13 years of professional experience in global fixed income and derivatives at leading financial institutions. At Interactive Data, Li manages a team of municipal securities evaluators and credit research analysts. He also served as a math professor at the University of California at Davis for four years and holds a Ph.D. in mathematics from the University of California at Berkeley.
Founded in 1992, the All-Star Team provides recognition for high quality work conducted in the area of municipal bonds for the benefit of investors. Eligible candidates represent Wall Street firms, buy-side institutions, rating agencies, financial guaranty insurance companies, commercial banks and service providers.
“As the municipal market continues to experience volatility, Yingchen’s expertise in municipal bond valuation, along with his ability to monitor the trends shaping this asset class, continues to help our clients better understand and address a wide range of challenges,” said Liz Duggan, managing director, Global Evaluations for Interactive Data. “This accolade is further evidence that our award-winning* independent evaluated pricing capabilities are helping financial institutions more effectively navigate a dynamic marketplace that is placing greater emphasis on their valuation practices.”
The winning analysts were honored at SMITH’s annual All-Star Awards Luncheon. Over 3,200 votes were cast in this year’s election. Voting is limited to institutional investors, who are in the unique position to observe the work done across the entire spectrum of analysis.
“SMITH’s 2010 All-Star Team reflects the founding principles of the program with a wide range of analysts elected from a broad base of market sectors,” said Terence M. Smith, CEO of SMITH’s Research & Gradings.
Interactive Data is a leading provider of independent evaluated pricing services, delivering daily evaluations for more than 2.8 million fixed income and international equity issues. The Company’s evaluations coverage spans a broad range of instruments and represents approximately 100 countries and 30 different currencies. Over 5,000 financial institutions worldwide, from central banks to large investment banks, subscribe to Interactive Data’s evaluated prices to support pricing activities, research and portfolio management.
* In 2010, Interactive Data was named ‘Best Third-Party Valuation Provider’ in the Credit Awards Americas 2010. Interactive Data also won an award for the second consecutive year as ‘Best Evaluated Prices Services Provider’ from Inside Market Data and Inside Reference Data.